Canada: Modine to acquire Scott Springfield Manufacturing
Feb 27, 2024 | Posted by Abdul-Rahman Oladimeji
Modine this week announced it had entered into a definitive agreement to acquire the Calgary, Alberta-based manufacturer of air handling units (AHU), Scott Springfield Manufacturing. Modine mentioned that it will gain ‘immediate access to a highly complementary product portfolio and a blue-chip customer base,’ including hyperscale and colocation data centers.
"We are excited to welcome the Scott Springfield team to the Modine family and continue to advance our complete suite of products in the data center area, as well as expand our indoor air quality offerings," said Neil D. Brinker, president and CEO of Modine. "The acquisition is right in line with our transformation and will bring Modine a product line and customer base in high-growth markets that fully complement and expand our current reach, including to hyperscale data center operators.”
He continued: “The addition of custom air handling unit capabilities demonstrates our continued commitment to focus on innovative, engineered solutions that help us achieve our long-term growth targets. Coming on the heels of our acquisition of Napps Technology last year and the purchase of liquid immersion cooling assets last month, Modine is in a very strong position to provide customers a full range of technology solutions in critical cooling and ventilation applications."